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MMCA vs MMIN

NYLI MacKay California Muni Intermediate ETF vs NYLI MacKay Muni Insured ETF

MMCA

NYLI MacKay California Muni Intermediate ETF

Annual cost

0.36%

Fund size

$88M

MMIN

NYLI MacKay Muni Insured ETF

Annual cost

0.30%

Fund size

$445M

Key differences

Both MMCA and MMIN are fixed income ETFs. MMCA charges 0.36% a year and MMIN 0.30%. The main difference: MMCA follows a active selection strategy; MMIN uses index tracking.

  • MMCA follows a active selection strategy; MMIN uses index tracking.
  • MMIN costs 0.06% less per year.
  • MMIN is much larger than MMCA. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

MMCAMMIN
Annual cost (TER)0.36%0.30%
Fund size (AUM)$88M$445M
Since20212017
Dividend yield3.58%4.46%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.3%+8.8%
CAGR 3Y+4.1%+4.0%
CAGR 5YN/A+0.8%
Sharpe 3Y0.180.10
Volatility 1Y2.59%3.78%
Max drawdown-15.97%-16.86%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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